GLADSTONE COMMERCIAL CORP (GOOD) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does GLADSTONE COMMERCIAL CORP Do?
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003. GLADSTONE COMMERCIAL CORP (GOOD) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO David J. Gladstone and employs approximately 70 people, headquartered in MCLEAN, Virginia. With a market capitalization of $560M, GOOD is one of the notable companies in the Real Estate sector.
GLADSTONE COMMERCIAL CORP (GOOD) Stock Rating — Reduce (April 2026)
As of April 2026, GLADSTONE COMMERCIAL CORP receives a Reduce rating with a composite score of 48.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.GOOD ranks #2,134 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, GLADSTONE COMMERCIAL CORP ranks #22 of 57 stocks, placing it in the upper half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
GOOD Stock Price and 52-Week Range
GLADSTONE COMMERCIAL CORP (GOOD) currently trades at $12.20. The stock gained $0.07 (0.6%) in the most recent trading session. The 52-week high for GOOD is $15.12, which means the stock is currently trading -19.3% from its annual peak. The 52-week low is $10.33, putting the stock 18.1% above its annual trough. Recent trading volume was 323K shares, suggesting relatively thin trading activity.
Is GOOD Overvalued or Undervalued? — Valuation Analysis
GLADSTONE COMMERCIAL CORP (GOOD) carries a value factor score of 61/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 22.14x, compared to the Real Estate sector average of 32.31x — a discount of 31%. The price-to-book ratio stands at 3.30x, versus the sector average of 1.18x. The price-to-sales ratio is 3.61x, compared to 0.80x for the average Real Estate stock. On an enterprise value basis, GOOD trades at 12.87x EV/EBITDA, versus 8.62x for the sector.
Overall, GOOD's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
GLADSTONE COMMERCIAL CORP Profitability — ROE, Margins, and Quality Score
GLADSTONE COMMERCIAL CORP (GOOD) earns a quality factor score of 59/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 14.9%, compared to the Real Estate sector average of 1.5%, which is within a healthy range. Return on assets (ROA) comes in at 2.1% versus the sector average of 0.8%.
On a margin basis, GLADSTONE COMMERCIAL CORP reports gross margins of 0.0%, compared to 26.0% for the sector. The operating margin is 34.1% (sector: 3.7%). Net profit margin stands at 16.4%, versus 1.8% for the average Real Estate stock. Revenue growth is running at 10.2% on a trailing basis, compared to 6.1% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
GOOD Debt, Balance Sheet, and Financial Health
GLADSTONE COMMERCIAL CORP has a debt-to-equity ratio of 491.0%, compared to the Real Estate sector average of 60.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.38x, suggesting adequate working capital coverage. Total debt on the balance sheet is $843M. Cash and equivalents stand at $18M.
GOOD has a beta of 0.47, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for GLADSTONE COMMERCIAL CORP is 86/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
GLADSTONE COMMERCIAL CORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, GLADSTONE COMMERCIAL CORP reported revenue of $157M and earnings per share (EPS) of $0.14. Net income for the quarter was $26M. Gross margin was 0.0%. Operating income came in at $54M.
In FY 2025, GLADSTONE COMMERCIAL CORP reported revenue of $161M and earnings per share (EPS) of $0.14. Net income for the quarter was $19M. Revenue grew 8.0% year-over-year compared to FY 2024. Operating income came in at $60M.
In Q3 2025, GLADSTONE COMMERCIAL CORP reported revenue of $41M and earnings per share (EPS) of $0.02. Net income for the quarter was $4M. Revenue grew 4.1% year-over-year compared to Q3 2024. Operating income came in at $15M.
In Q2 2025, GLADSTONE COMMERCIAL CORP reported revenue of $40M and earnings per share (EPS) of $0.03. Net income for the quarter was $5M. Revenue grew 6.7% year-over-year compared to Q2 2024. Operating income came in at $14M.
Over the past 8 quarters, GLADSTONE COMMERCIAL CORP has demonstrated a growth trajectory, with revenue expanding from $37M to $157M. Investors analyzing GOOD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
GOOD Dividend Yield and Income Analysis
GLADSTONE COMMERCIAL CORP (GOOD) currently pays a dividend yield of 9.8%. At this yield, a $10,000 investment in GOOD stock would generate approximately $$983.00 in annual dividend income. With a net margin of 16.4%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
GOOD Momentum and Technical Analysis Profile
GLADSTONE COMMERCIAL CORP (GOOD) has a momentum factor score of 38/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 7/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
GOOD vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, GLADSTONE COMMERCIAL CORP (GOOD) ranks #22 out of 57 stocks based on the Blank Capital composite score. This places GOOD in the upper half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing GOOD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full GOOD vs S&P 500 (SPY) comparison to assess how GLADSTONE COMMERCIAL CORP stacks up against the broader market across all factor dimensions.
GOOD Next Earnings Date
No upcoming earnings date has been announced for GLADSTONE COMMERCIAL CORP (GOOD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy GOOD? — Investment Thesis Summary
The quantitative profile for GLADSTONE COMMERCIAL CORP suggests caution. The value score of 61/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 38/100, a headwind for near-term performance. Low volatility (stability score 86/100) reduces downside risk.
In summary, GLADSTONE COMMERCIAL CORP (GOOD) earns a Reduce rating with a composite score of 48.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on GOOD stock.
Related Resources for GOOD Investors
Explore more research and tools: GOOD vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare GOOD head-to-head with peers: GOOD vs UE, GOOD vs KW, GOOD vs AXR.